Nissan files lawsuit seeking $95million in damages against former chairman Carlos Ghosn

Ousted Nissan Motor Co chairman Carlos Ghosn’s legal woes deepened on Friday with the start of a civil trial in Yokohama, Japan, where his former employer is seeking 10 billion yen (an equivalent of $95 million) in damages. “The legal actions initiated today form part of Nissan’s policy of holding Ghosn accountable for the harm… Read More Nissan files lawsuit seeking $95million in damages against former chairman Carlos Ghosn

Nissan to remove Carlos Ghosn as chairman following financial misconduct allegations 

Nissan Motor Co. Chairman Carlos Ghosn was arrested on Monday for alleged financial misconduct and will be fired from the board this week, a dramatic fall for a leader hailed for rescuing the Japanese carmaker from close to bankruptcy. Ghosn is also chairman and chief executive of Nissan’s French partner Renault and his departure will… Read More Nissan to remove Carlos Ghosn as chairman following financial misconduct allegations